News blog

EXPANSYS

• BY: Andrew Hore |
• POSTED: 27/02/2014 |

Peter Jones has increased its offer for EXPANSYS from 0.62p a share to 0.65p a share.

The final increased bid values electronics and telecoms retailer EXPANSYS at £7.55m. This is the second increase from the original mandatory bid of 0.525p a share after the Dragons Den panelist acquired a 9.5% stake in the company at 0.525p a share in the middle of January.

Peter Jones has acceptances equivalent to 65.75% of the share capital and the final increased offer has added 10% to the acceptances. 

Download the latest AIM Journal from http://wwww.hubinvest.com/AIMPDFFebruary2014_53.pdf